Mint enters OEM supply and licensing agreement with Centridex to expand in Europe

Hong Kong, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Mint Incorporation Limited ("Mint" or the "Company", together with its subsidiaries, the "Group", NASDAQ: MIMI), a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics as its primary growth engine, today announced that Axonex Robotics Limited ("Axonex"), its majority-owned subsidiary, has entered into an OEM Supply and License Agreement (the "Agreement") with Centridex Limited ("Centridex"), a company incorporated in Ireland. Under the two-year Original Equipment Manufacturer ("OEM") programme, which has a total potential value of approximately EUR3 million over the programme period, the parties have agreed an initial order package worth approximately EUR450,000, covering robot kits and platform licensing arrangements. Axonex will supply robot kits, platform licenses, standard, software and platform technology to Centridex, which would assemble, test and distribute the finished robots in Ireland and other selected markets. The Agreement reflects the Group's strategy of expanding its international footprint by supplying its robot kits and platform to overseas markets. Under the programme, from October 1, 2026 to September 30, 2028, the Group will design, manufacture and ship kits of parts, sub-assemblies, firmware and documentation for four product categories: the M3 robot kit, the Sumo cleaning robot kit, the Nex-class half-humanoid robot kit and the R-300 educational robot kit. Centridex will receive the kits in Ireland, assemble, test and resell the finished robots to its customers. The Group will also license its software and platform to Centridex and develop a Centridex-branded platform derived from the Group's current robot model. The collaboration is intended to serve as a gateway for Axonex's robotics solutions into Europe, leveraging local assembly and distribution capabilities to support future market expansion across the region. As part of the Agreement, the parties have agreed an initial order for package valued at approximately EUR450,000, covering robot kits, platform licensing and related services under the programme. Future purchase orders and commercial schedules will be implemented under the framework of the Agreement. Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint, stated: "This Agreement marks an important milestone in our international growth strategy and reflects the increasing demand for scalable robotics solutions beyond Asia. Through local assembly and distribution in Ireland, we believe the programme could establish a foundation for broader access to European customers. Working with Centridex as our local assembler and reseller, we aim for it to become a sales channel for Axonex technology in Europe, bringing a broader range of robotics solutions, including educational robots, cleaning robots and our flagship Nex-class semi-humanoid robot, to customers across Europe. We look forward to working closely with Cen